Cheniere Energy (Cheniere Energy) Debt-to-Equity

: 5.29 (As of Dec. 2023)

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Cheniere Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $955 Mil. Cheniere Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25,835 Mil. Cheniere Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,060 Mil. Cheniere Energy's debt to equity for the quarter that ended in Dec. 2023 was 5.29.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cheniere Energy's Debt-to-Equity or its related term are showing as below:

LNG' s Debt-to-Equity Range Over the Past 10 Years
Min: -2232.64 Med: -17.06 Max: 5.29
Current: 5.29

During the past 13 years, the highest Debt-to-Equity Ratio of Cheniere Energy was 5.29. The lowest was -2232.64. And the median was -17.06.

LNG's Debt-to-Equity is ranked worse than
97.72% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs LNG: 5.29

Cheniere Energy Debt-to-Equity Historical Data

The historical data trend for Cheniere Energy's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cheniere Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-2,232.64

-165.75

-12.43

-9.41

5.29

Cheniere Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																-9.41	14.20	9.81	6.45	5.29

Competitive Comparison

For the Oil & Gas Midstream subindustry, Cheniere Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cheniere Energy Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, Cheniere Energy's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cheniere Energy's Debt-to-Equity falls into.

Cheniere Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cheniere Energy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(955	+	25835)	/	5060
	=	5.29

Cheniere Energy's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(955	+	25835)	/	5060
	=	5.29

Cheniere Energy (NYSE:LNG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cheniere Energy Debt-to-Equity Related Terms

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Cheniere Energy (Cheniere Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Inc (NYSE:LNG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

LNG:Mexico CHQ1:Germany CHQ1:Germany

Address

700 Milam Street, Suite 1900, Houston, TX, USA, 77002

Website

https://www.cheniere.com

Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.

Executives

Denise Gray	director	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle	director	345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey	director	2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey	officer: EVP & Chief Operating Officer	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson	officer: SVP, Operations	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta	director	14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak	director	1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear	director	1585 BROADWAY, NEW YORK NY 10036
David L Slack	officer: VP & Chief Accounting Officer	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn	director	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick	director	35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini	director	717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002